Organic wheat prices are higher and have moved above organic corn prices in some locations due to the lack of supply available. With trucking rates near $4.2 per load per mile, the cost of organic Organic wheat in the Quebec region has traded as high at CAD 510 per metric ton as organic corn, last quoted at CAD 480 per metric ton. In the mid-West, prices have also ticked up. Merchandiser tells Fastmarkets/The Jacobsen that there is no organic wheat available. In many feed rations, organic feed wheat is a substitute for organic corn. If organic corn prices are less expensive locally, the demand for organic corn will increase.
Organic chicken slaughter reported by the AMS was finally posted on Monday after a 3-week hiatus. According to the AMS, an issue will be rectified, and those numbers will be relisted. As of the week ending November 6, 2021, the numbers reported are in line with what…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...